To: Skywatcher who wrote (424550 ) 7/9/2003 11:20:58 AM From: PROLIFE Respond to of 769667 another little story from Forbes himself:Former foe Forbes gives Bush praise By Ken Herman and Claudia Grisales AMERICAN-STATESMAN STAFF Monday, July 7, 2003 Magazine publisher and former presidential candidate Steve Forbes, in town to sell ads to Texas businesses, said Monday that his unflattering portrayal of George W. Bush during the 2000 primary season turned out to be inaccurate. "He's done extremely well," Forbes said. "We got a good tax cut through. The Federal Reserve is behaving. I think the foreign policy situation will clear up by year end as we root out those terrorists in Iraq. And the economy is starting to show signs of a new life." And Bush, whom he blasted in 2000 as a tool of lobbyists, gets the credit, according to Forbes. "He inherited a bad situation and is turning it around," Forbes said. "I will be backing him enthusiastically" for re-election. Forbes, in town to promote a Forbes magazine advertising section about Texas planned for November, praised the Bush economic package, which has included reductions in income tax rates as well as cuts in taxes on dividends and capital gains. "It's a good package, and I have high hopes for the second term," he said. There was a time when Forbes didn't have high hopes for the first term. Dipping deep into his pockets to finance his second White House bid, he was a loud and frequent critic of Bush in the early stages of the race for the 2000 Republican nomination. Forbes' aggressive campaign saturated the airwaves with ads accusing Bush of having broken a no-new-taxes pledge when he was governor. At an Iowa debate, Forbes criticized Bush and U.S. Sen. John McCain of Arizona as "timid tax cutters." "In Texas," Forbes told Bush at the pre-caucus debate, "your tax cuts are more apparent than real. Most Texans have never seen those cuts, and the same thing is going to happen with your proposals on the federal level." During a bus trip before the Iowa straw poll in August 1999, he branded Bush as "the establishment candidate" who, at most, would "just make little trimmings around the edges versus real, substantive change from an independent outsider who is not beholden to the lobbyists and special interests." Forbes dropped out of the race in February 2000 after several also-ran finishes in early contests. He later endorsed Bush. In his Monday breakfast speech to Texas business leaders he hopes will buy advertising in the special section, Forbes was upbeat about the state's economy and said lawmakers had helped greatly this year by approving measures aimed at reducing businesses' exposure to lawsuits. "Texas is leading the way," Forbes said of the state's economy. "You've got something great here. You have a large state that is getting it right." Gov. Rick Perry, who introduced Forbes at the breakfast, said the advertising section will be a great boost for Texas. Perry's staff approached the magazine about a Texas section after hearing about past economic development promotions, said Peter Malloy, Forbes' director of economic development. No state money will be spent on the section, scheduled for November publication. "We need only tell our story, and we will attract employment and economic opportunity by the thousands," Perry said.